Before the open, market conditions point to the Nikkei 225 moving along the 2σ line under a long strategy that waits for a pullback. Major indicators suggest that the Nikkei 225 is expected to trade higher before the open.
In Japan’s market before the open, investors are reportedly taking a long-term strategy of waiting for a pullback, and the Nikkei 225 is being watched for a strong trend along the 2σ line. The Nikkei 225 stood at 66,753.72, up +1,272.45 from the previous day.
The dollar-yen rate was ¥157.46, suggesting that yen depreciation and dollar appreciation may be continuing, reflecting conditions in the New York market and trends in other Asian markets. The Shanghai Composite stood at 3,842.19, and sector trends in Asian markets were also being monitored.
Related news on the Nikkei 225 included reports that its gain had exceeded ¥500 and top stories reporting that it had broken above ¥600. Real-time information was also provided on the order book before the open, including trends in the buy TOP and sell TOP.